$2.3M CARES Act  funding awarded to aid manufacturers – Long Island Business News

0
23

Throughout New York State, $2.three million in federal CARES Act funding has been awarded to organizations that help the expansion of small and mid-size producers, officers stated late Thursday.

This funding is geared toward serving to producers get well from the COVID-19 disaster, as they attempt to place themselves to compete within the altering market.

All the awardees are New York Manufacturing Extension Partnership facilities and designated by Empire State Growth. Federally funded, the facilities works with small and medium-sized U.S. producers to assist them create and retain jobs, improve earnings, and save money and time.

The facilities will implement the funding “to help firms in reshoring and rebuilding provide chains, securing private protecting gear, enhancing security and effectivity, adopting new applied sciences and enhancing resilience for future disruptions,” in response to a written assertion from the state.
“As New York fights the COVID-19 pandemic within the current, it’s essential that we plan for the longer term, significantly as companies participate in a phased reopening and New Yorkers return to work,” Gov. Andrew Cuomo stated within the assertion.

“This CARES Act funding will assist producers entry the availability chains, PPE and know-how they should shield their employees and stay aggressive on this robust financial setting,” he added. “This is what properly-applied federal funding can do to strengthen small companies and communities on the bottom.”

ESD’s Division of Science, Expertise and Innovation  is deploying emergency help made obtainable via the Nationwide Institute of Requirements and Expertise.

The $2.three million was awarded to the next organizations:

FuzeHub – $350,000

FuzeHub, the NY MEP statewide middle, will develop, ship, and distribute digital webinars and workshops to succeed in as many producers throughout the state as attainable. Coaching and data sharing will embrace such subjects as emergency preparedness, provide chain utilization throughout disaster, cybersecurity, and restoration efforts.

Manufacturing and Expertise Enterprise Heart (MTEC) – $500,000

MTEC, the NY MEP middle situated within the Hudson Valley, will conduct digital assessments of producers throughout the state to make sure they’re working safely, successfully, and effectively, and establish methods to help producers in enhancing productiveness and security, together with via the adoption of recent applied sciences and processes.

ITAC – $650,000

ITAC, the NY MEP middle situated in New York Metropolis, will help firms statewide with securing private protecting gear (PPE) to make sure they’ll function safely in the course of the present or future pandemics.

Heart for Financial Progress (CEG) – $800,000

CEG, the NY MEP middle situated in Capital Area, will help firms statewide with reshoring and rebuilding provide chains. This initiative will probably be targeted on expertise gaps, reducing manufacturing prices, figuring out different supplies for manufacturing inputs, redesigning merchandise, and addressing different limitations to transferring manufacturing from different international locations to New York State.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here